LG Ensol, EcoProBM, etcBattery stocks weaken all at once

I think you’ve only intentionally lowered the Tesla chart..
I don’t know why he’s doing that XP Do you hate Tesla that much?

Anyway, Tesla is suddenly adjusting
I think it’s a very good time to raise the revenue of the secondary battery top 10 inverse

The short-term trend is definitely a major pre-decline

If sales of electric cars continue to decrease
Will the supply and demand of the secondary batteries be bad and profitability deteriorate, and will they last long? I don’t know

It seems like we need to work hard to cut costs

———————————————-ㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡㅡ

“There’s nothing to worry about Tesla? I don’t think so anymore”…”Palla” book for experts, too

(TeslaZoa :🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣)

HSBC Offers Its Investment Opinion
Tesla is down nearly 6%

LG Ensol, EcoProBM, etc
Battery stocks weaken all at once

Secondary battery-related stocks continued to decline on the 10th due to falling Tesla stock prices and concerns over further tightening, returning to the level of stock prices before the total ban on short selling.

As a result, KOSDAQ closed at 789.31, down 1.69% from the previous day, returning most of its gains after the ban on short selling.

On the KOSDAQ market, EcoPro closed at 685,000 won, down 6.04% from the previous day, and EcoProBM closed at 233,000 won, down 6.24%. Ecopro reached the upper limit on the 6th, the first day of the ban on short selling, rising to 828,000 won, and has lost more than 13%. LG Energy Solution also rose to 493,500 won on the 6th and closed at 411,000 won on the 10th.

Despite steady buying by individual investors, secondary battery-related stocks were forced to fall for three consecutive trading days due to growing concerns over a slowdown in the electric vehicle market.

Battery-related stocks have tended to be linked to Tesla, the electric vehicle market leader. In the meantime, even Tesla ended a sudden rebound last week and saw its stock price slow down throughout the week.

Tesla shares closed at $209.98 on the 9th (local time) in the New York Stock Exchange, down 5.46% from the previous day. Tesla’s stock price has plunged more than 20% in the past month since the 10th of last month.

On the same day, HSBC, an investment bank, launched an investment report on Tesla, offering a 12-month target of $146 per share along with a “sell” investment opinion. This is about 30% lower than the closing price on the 9th.

Michael Tindall, a HSBC researcher, cited new industry shelf management as one of the reasons for judging that Tesla’s stock price was overestimated in the report. Expectations for humanoid robots, fully autonomous driving technology, and supercomputers, which may become a reality at any time, have been reflected in stock prices.

“Half of Tesla’s current stock price is due to expectations for the completion of full self-driving cars, but it is unclear whether the technology will succeed or not, and even if it succeeds, it will not make a profit until 2030,” he said.

According to FactSet’s tally on the 9th, 20 out of 36 global securities firm experts who make investment reports on Tesla are “buy,” 19 are “neutral,” and the remaining 7 are “sell.” Their 12-month target price for Tesla is 53-380 dollars (median value of 239.13).

Like Tesla, the secondary battery is in a situation where the level of loyalty of individual investors can support the stock price as the growth premium is missing.

Demand for electric vehicle batteries is expected to accelerate further as Volkswagen recently suspended some electric vehicle plants. On top of that, Switzerland announced that it would suspend tax-free benefits for electric vehicles due to financial burdens, and the move could also occur in other countries.

As signs of a reduction in the size of the electric vehicle market were detected everywhere, the fundamentals of performance and business conditions for the second round of holding companies, which rose sharply on the first day of the ban on short selling, have determined their stock prices. As a result, it is predicted that it will be difficult to expect a significant rebound for the time being.

EcoProBM is also expected to see adverse earnings growth in the fourth quarter due to falling sales prices and reduced customer volume. While operating profit fell 67% year-on-year in the third quarter, it is expected that the impact of falling unit prices of cathode material exports and reducing production plans of electric vehicle companies will continue in the fourth quarter.

Han Byung-hwa, a researcher at Eugene Investment & Securities, said, “EcoProBM’s fourth-quarter sales are expected to record its first reverse growth since the first quarter of 2020,” adding, “If the Republican Party comes to power in the next U.S. election, the number of electric vehicles sold in the U.S. could be further lowered from 2025 to 2027, and EcoProBM’s performance could be affected.

출처 : mk.co.kr/news/stock/108 …